Aviation industry under pressure, Argentina’s debt deadline, why Silicon Valley is surviving the ad crash
The aviation industry took another hit from the coronavirus crisis on Monday as GE cut 10,000 aerospace jobs, and Argentina debt holders doubled down on their opposition to the government’s plan to re...
5 Touko 20209min
Banks get ready for bad loans, losses at Berkshire Hathaway, BlackRock’s influence
US and European banks are on track to book more than $50bn of charges on souring loans in the first quarter. Plus, the FT’s Eric Platt reports on Berkshire Hathaway’s annual general meeting, where War...
4 Touko 20208min
Amazon Covid-19 costs, Boeing taps bond market, UK recruits fruit pickers
Amazon has warned that coronavirus measures could cost at least $4bn in the next quarter and wipe out any gain from a jump in sales during the pandemic, and Boeing has tapped the bond market for $25bn...
1 Touko 20209min
Fed’s ‘medium-term’ warning, Microsoft growth, Barclays loan provisions
The Federal Reserve has warned of lasting “medium-term” economic fallout from the coronavirus pandemic. The FT’s James Politi unpacks the central bank’s outlook. Plus, the White House praised Gilead’s...
30 Huhti 202010min
Alphabet’s signs of recovery, Trump’s meat plant order, measuring inflation
Google’s internet search business stabilised in April after a sharp downturn at the end of last month, Fitch has downgraded Italy’s credit rating to a single notch above junk, and US President Donald ...
29 Huhti 202010min
European bank earnings, coronavirus threat to call centres
US oil prices fell sharply on Monday after the world’s largest oil-backed exchange traded fund began offloading all of its short-term contracts, and investors in European banks are braced for signific...
28 Huhti 20209min
Covid-19 death toll, gap between financial markets and economy, Berlin’s reopening
An FT analysis found that the death toll from coronavirus may be almost 60 per cent higher than reported in official counts, and analysts are scrambling for explanations on the divergence between the ...
27 Huhti 202010min
Germany backs EU recovery fund, Gilead drug flops, Rana Foroohar on US austerity
Germany is prepared to make a substantial financial contribution to help relaunch eurozone economies after the coronavirus pandemic, and the World Health Organization accidentally published documents ...
24 Huhti 20209min
